US Federal Court Dismisses All Claims Against Binance in Anti - Terrorism Lawsuit
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13 Articles
U.S. Court Dismisses Lawsuit Accusing Binance Of Supporting Terrorist Financing
A U.S. federal court has dismissed the lawsuit that accused Binance of helping terrorist groups carry out attacks around the world.The case was filed by victims and family members of people who were killed or injured in terrorist attacks. They argued that Binance helped terrorist organizations move money that supported the violence.The lawsuit was heard in the United States District Court, and a total of 535 plaintiffs were involved in the case,…
US Court Dismisses Binance, CZ Terrorism Financing Lawsuit - Invest In Crypto News
Former Binance CEO Changpeng “CZ” Zhao said centralized crypto exchanges have “zero motive” to assist terrorists after a US court dismissed a lawsuit accusing the exchange of facilitating terrorist financing. In a post on X, Zhao argued that the economics of crypto trading make such activity illogical for exchanges. “There are absolutely zero (0) motive for any CEX to have anything to do with terrorists,” Zhao wrote, adding that such actors are …
Binance celebrates a “total vindication” following the dismissal of a massive terrorism lawsuit, but the judge warns that the more than 500 affected could return with stronger evidence. A ruling that exposes the cracks in crypto regulations and leaves the future of the exchange in sluggish. *** Binance celebrates a “total vindication” after the dismissal of a massive terrorism lawsuit. The lawsuit mentioned $56 million in transfers linked to Ham…
Federal Judge Has Dismissed the Terrorism Financing Lawsuit Against Binance and its Founder More Stories ETHNews
U.S. District Judge Jeannette Vargas in Manhattan has dismissed a civil lawsuit brought by 535 plaintiffs against Binance and founder Changpeng Zhao, ruling that the plaintiffs failed to establish a sufficient legal connection between the exchange and terrorist attacks. What the Judge Actually Ruled According to Reuters, the lawsuit alleged Binance facilitated hundreds of millions of dollars in transactions involving Hamas, Hezbollah, ISIS, and …
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